Today, the U.S. Securities & Exchange Commission charged Kraken for the unregistered offer and sale of securities thru its staking-as-a-service program.

    Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.

    Read more: https://www.sec.gov/news/press-release/2023-25

    *** About The Securities and Exchange Commission ***

    The mission of the Securities and Exchange Commission (SEC) is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public’s trust.

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